EUR/USD: 1-hour

EUR/USD 1-hour Chart

Will you look at that? Zooming in to the hourly chart, we see that EUR/USD is now testing support at the rising trend line. If you're feeling bullish for the euro, you may want to wait for a bullish candlestick to materialize around the support area before pulling the trigger. However, if you're rooting for the dollar, wait for a strong break below the trend line. This could mean that the pair is on its way down to 1.2450.